Iberian Corestate Capital Advisors S.L., a specialized real estate investment management platform, is planning to develop a multi-use tower next to Cuatro Torres in Madrid. The €240m project is set to go up on a 67,000 sqm plot. Iberian Corestate Capital will oversee leasing.
Iberian Corestate Capital was formed as a joint venture between Corestate Capital AG, Promociones Y Propiedades Inmobiliarias Espacio S.L.U. and its sister company OHL Desarrollos, both part of Grupo Villar Mir.
